Audit log

Every state-changing event for BitcoinDepot: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions carry three independent witnesses — the original source, an Internet Archive snapshot taken at submission time, and a Solana memo signed by our publicly-disclosed publisher key.

1. #1publishby system:backfill

   2026-05-19 16:45:08Z
   Score: ? → ? (no score change)
   anchoranchored

   chain

   ●mainnet-betaslot 420,808,085

   sig

   3zhwyEhfr21H…EjgjY5oscopyexplorer ↗

   hash

   BdjsgeeJmUy1…12SjFvMZcopysha256 → base58

   verifying row…full verify ↗

   canonical bytes (25790 B) ▸

   {"actor":"system:backfill","investigation_id":"cb6daff0-104b-4618-8467-22580c2112f4","kind":"publish","page_slug":"bitcoindepot","published_at":"2026-05-19T16:45:08.163Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"BitcoinDepot","sections":[{"content":"Bitcoin Depot Inc. (Nasdaq: BTM) was a publicly traded cryptocurrency ATM operator headquartered in Atlanta, Georgia. The company operated more than 9,000 Bitcoin ATM kiosks across the United States and Canada, primarily located in convenience stores, gas stations, and retail chains including Circle K. Bitcoin Depot was registered as a Money Services Business (MSB) with the Financial Crimes Enforcement Network (FinCEN) and held state money transmitter licenses. The company charged fees in the range of 23% per transaction, significantly above spot market rates. On May 18, 2026, Bitcoin Depot filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas, announcing it would wind down operations and shut its entire ATM network immediately. CEO Alex Holmes cited state-level regulatory pressure, transaction limits, and mounting legal costs as primary factors.","heading":"Company Overview","severity":"medium","sources":[{"credibility":2,"name":"Bitcoin Depot, North America's largest bitcoin ATM operator, files for bankruptcy — CoinDesk","type":"news_article","url":"https://www.coindesk.com/markets/2026/05/18/bitcoin-depot-once-north-america-s-largest-bitcoin-atm-operator-files-for-bankruptcy"},{"credibility":2,"name":"Bitcoin Depot Files Chapter 11 to Wind Down Operations — Crowdfund Insider","type":"news_article","url":"https://www.crowdfundinsider.com/2026/05/280062-bitcoin-depot-initiates-chapter-11-bankruptcy-for-orderly-shutdown-and-asset-sale/"}]},{"content":"On February 26, 2025, Iowa Attorney General Brenna Bird announced an enforcement action against Bitcoin Depot in Polk County District Court, alleging violations of the Iowa Consumer Fraud Act. The lawsuit alleged that Bitcoin Depot engaged in unfair practices, deception, and misrepresentation by profiting directly from scam victims through excessive and often hidden transaction fees, and by deceiving customers about refund policies. The Iowa AG's investigation, launched in October 2023 and involving subpoenas to 14 cryptocurrency ATM companies, found that hundreds of Iowa consumers had sent more than $20 million through Bitcoin Depot and CoinFlip kiosks over a period of less than three years. Scam-related transactions allegedly constituted more than half of all money processed by Bitcoin Depot in Iowa, exceeding $7 million. Bitcoin Depot was alleged to take a 23% cut of each transaction. The majority of identified victims were over age 60. Attorney General Bird stated that con artists specifically targeted older Iowans and widows, including through obituary harvesting.","heading":"Iowa Attorney General Lawsuit","severity":"high","sources":[{"credibility":1,"name":"Attorney General Bird Sues Crypto ATM Companies for Costing Iowans More than $20 Million — Iowa AG Newsroom","type":"regulatory","url":"https://www.iowaattorneygeneral.gov/newsroom/attorney-general-bird-sues-crypto-atm-companies-for-costing-iowans-more-than-20-million"},{"credibility":1,"name":"Iowa AG Petition Against Bitcoin Depot (court filing PDF)","type":"court_filing","url":"https://www.iowaattorneygeneral.gov/media/cms/Final_Bitcoin_Depot_Petition_Redact_4FC03C49F36FD.pdf"},{"credibility":2,"name":"State AGs Allege Bitcoin ATMs Increasingly Facilitate Scams — Regulatory Oversight","type":"news_article","url":"https://www.regulatoryoversight.com/2025/03/state-ags-allege-bitcoin-atms-increasingly-facilitate-scams/"}]},{"content":"On February 3, 2026, Massachusetts Attorney General Andrea Joy Campbell filed suit against Bitcoin Depot in Suffolk County Superior Court, alleging the company failed to protect consumers from cryptocurrency scams and actively deceived investors about the scale of fraudulent activity on its network. The complaint alleged that more than 80% of customers who spent $10,000 or more at Bitcoin Depot kiosks in Massachusetts between August 2023 and January 2025 had done so in connection with scam transactions. The Massachusetts AG further alleged that nearly 60% of Bitcoin Depot's total Massachusetts-based revenue during that period came from scam-related transactions. The lawsuit alleged that Bitcoin Depot employees had internally warned company leadership that nearly all large transactions were related to scams, and that these warnings were disregarded. The complaint also alleged misleading and deceptive sales tactics, refusal to issue refunds to scam victims, and deception of investors regarding the true level of fraud on the platform.","heading":"Massachusetts Attorney General Lawsuit","severity":"critical","sources":[{"credibility":1,"name":"AG Campbell Sues Bitcoin Kiosk Operator For Facilitating Crypto Scams — Mass.gov","type":"regulatory","url":"https://www.mass.gov/news/ag-campbell-sues-bitcoin-kiosk-operator-for-facilitating-crypto-scams-against-massachusetts-consumers"},{"credibility":1,"name":"Massachusetts Sues Bitcoin Depot, Alleging Knowing Facilitation of Crypto Scams — ICIJ","type":"news_article","url":"https://www.icij.org/investigations/coin-laundry/massachusetts-sues-bitcoin-depot-alleging-the-crypto-atm-operator-knowingly-facilitated-crypto-scams/"},{"credibility":2,"name":"Massachusetts Attorney General Sues Bitcoin Depot for Allegedly Enabling Scams — ABA Banking Journal","type":"news_article","url":"https://bankingjournal.aba.com/2026/03/massachusetts-attorney-general-sues-bitcoin-depot-for-allegedly-enabling-scams/"}]},{"content":"Blockchain investigator ZachXBT publicly flagged Bitcoin Depot ATMs after reviewing documented cases of elderly victims being charged rates far above spot market price. In one specific case ZachXBT highlighted, a 74-year-old victim exchanged $25,000 in cash for Bitcoin through a Bitcoin Depot machine and received approximately 0.232 BTC at an effective rate of roughly $108,000 per BTC, while the spot price sat near $75,000 — an overpayment of approximately $7,500 on that transaction alone. ZachXBT alleged that 10% to 25% of all Bitcoin ATM activity may be linked to scams, and described organized call center operations using social engineering to direct elderly individuals to use these machines. ZachXBT also flagged an earlier Bitcoin Depot security incident in which approximately 54 BTC worth roughly $3.26 million was exploited and funds were allegedly routed through KuCoin addresses, claiming the breach went undetected for several days. ZachXBT provided associated wallet addresses as on-chain evidence.","heading":"ZachXBT Investigation and On-Chain Evidence","severity":"high","sources":[{"credibility":2,"name":"ZachXBT Calls Out Bitcoin Depot ATM Over Alleged Fraud Case — CryptoNewsZ","type":"news_article","url":"https://www.cryptonewsz.com/zachxbt-calls-out-bitcoin-depot-atm-fraud-case/"},{"credibility":2,"name":"ZachXBT Warns Users Against Bitcoin Depot ATMs After Reviewing the Numbers — Crypto Economy","type":"news_article","url":"https://crypto-economy.com/zachxbt-warns-users-against-bitcoin-depot/"},{"credibility":2,"name":"Bitcoin Depot Hack May Be Bigger Than Reported, Says ZachXBT — Coin Edition","type":"news_article","url":"https://coinedition.com/bitcoin-depot-hack-may-be-bigger-than-reported-says-zachxbt/"},{"credibility":2,"name":"ZachXBT: Bitcoin Depot ATM has issues with unusual charges and security risks — PANews","type":"news_article","url":"https://www.panewslab.com/en/articles/019db458-b344-73de-b777-a1110df0773f"}]},{"content":"Bitcoin Depot's own SEC filings acknowledged that its ATMs could be used 'to facilitate illegal activities such as fraud, money laundering, gambling, tax evasion, and scams,' and that its risk management policies 'may not be sufficient.' The FTC reported in September 2024 that Bitcoin ATM fraud losses totaled more than $65 million in just the first half of 2024, with fraud rising nearly tenfold since 2020. Adults over age 60 were more than three times as likely as younger adults to lose money through Bitcoin ATM scams, with a median reported loss of $10,000. Common scam vectors directing victims to Bitcoin ATMs include government impersonation, tech support scams, romance scams, grandparent scams, and lottery scams. Victims are typically told to deposit cash to 'protect' funds or 'resolve' a legal issue; the cash is converted to Bitcoin and transferred irreversibly via a scammer-controlled QR code. A class action lawsuit filed in U.S. District Court for the District of Idaho alleged that Bitcoin Depot's network processed $76,000 in deposits for an Oregon couple victimized by an alleged scam. A separate lawsuit alleged that Bitcoin Depot and Circle K knowingly facilitated the swindling of elderly consumers. FBI data for 2025 recorded 13,460 complaints tied to crypto kiosks totaling $389 million in losses, a 58% increase year-over-year, with adults 60 and older accounting for approximately $257.5 million of that figure.","heading":"Scam Facilitation and Consumer Harm","severity":"critical","sources":[{"credibility":1,"name":"New FTC Data Shows Massive Increase in Losses to Bitcoin ATM Scams — FTC Press Release","type":"regulatory","url":"https://www.ftc.gov/news-events/news/press-releases/2024/09/new-ftc-data-shows-massive-increase-losses-bitcoin-atm-scams"},{"credibility":1,"name":"Bitcoin ATMs: A Payment Portal for Scammers — FTC Data Spotlight","type":"regulatory","url":"https://www.ftc.gov/news-events/data-visualizations/data-spotlight/2024/09/bitcoin-atms-payment-portal-scammers"},{"credibility":1,"name":"Did Someone Send You to a Bitcoin ATM? It's a Scam — FTC Consumer Advice","type":"regulatory","url":"https://consumer.ftc.gov/consumer-alerts/2024/03/did-someone-send-you-bitcoin-atm-its-scam"},{"credibility":2,"name":"Oregon Couple Files Class Action Against Bitcoin Depot Over $76,000 in Alleged Scam Losses — Blockspace","type":"news_article","url":"https://blockspace.media/insight/bitcoin-depot-class-action-lawsuit-scam-losses/"},{"credibility":2,"name":"Lawsuit Says Bitcoin Depot, Circle K Knowingly Facilitated Swindle of Elderly — Parker Law Group","type":"news_article","url":"https://parkerlawgroupsc.com/bitcoin-depot-lawsuit/"},{"credibility":1,"name":"Bitcoin Depot SEC Filing (Form 10-Q FY2024)","type":"official","url":"https://www.sec.gov/Archives/edgar/data/0001901799/000095017024127097/btm-20240930.htm"}]},{"content":"Bitcoin Depot has experienced two notable security incidents. In June 2024, a breach occurred in which hackers obtained files storing personal information belonging to approximately 26,732 customers, including names, phone numbers, email addresses, dates of birth, physical addresses, and driver's license numbers. The company completed its breach investigation on July 18, 2024, but delayed notifying affected customers until July 2025, citing an ongoing federal law enforcement inquiry. Identity theft protections were not offered to affected customers. In a second incident, Bitcoin Depot disclosed in April 2026 that on or around March 20, 2026, attackers obtained credentials for the company's digital asset settlement accounts and stole 50.903 BTC valued at approximately $3.6 to $3.7 million. The unauthorized activity was not detected until March 23, 2026, meaning funds moved for several days before the breach was identified. ZachXBT alleged the true scope of the earlier incident may have been larger than initially reported and flagged on-chain routing through KuCoin.","heading":"Security Breaches","severity":"high","sources":[{"credibility":2,"name":"Driver's License Numbers, Addresses Leaked in 2024 Bitcoin ATM Company Breach — The Record","type":"news_article","url":"https://therecord.media/bitcoin-depot-cryptocurrency-atm-company-data-breach"},{"credibility":2,"name":"Bitcoin Depot Breach Exposes Data of Nearly 27,000 Crypto Users — BleepingComputer","type":"news_article","url":"https://www.bleepingcomputer.com/news/security/bitcoin-depot-breach-exposes-data-of-nearly-27-000-crypto-users/"},{"credibility":2,"name":"$3.6 Million Stolen in Bitcoin Depot Hack — SecurityWeek","type":"news_article","url":"https://www.securityweek.com/3-6-million-stolen-in-bitcoin-depot-hack/"},{"credibility":2,"name":"Bitcoin Depot Hit by Major Security Breach, 50.9 BTC Stolen — Atlanta Today / National Today","type":"news_article","url":"https://nationaltoday.com/us/ga/atlanta/news/2026/04/09/bitcoin-depot-hit-by-major-security-breach-50-9-btc-stolen/"}]},{"content":"Bitcoin Depot held a FinCEN MSB registration and maintained state money transmitter licenses. The California Department of Financial Protection and Innovation (DFPI) issued a regulatory document concerning Bitcoin Depot in November 2024. Iowa's complaint alleged that Bitcoin Depot's AML policies were inadequate or ineffective, and that the company failed to enforce and follow those policies, resulting in 'substantial, unavoidable injury' to consumers. FinCEN issued guidance in August 2025 specifically addressing regulatory risks related to cryptocurrency ATM kiosks amid mounting concerns over money laundering and fraud. At the state legislative level, Indiana enacted a statewide prohibition on virtual currency kiosks, Tennessee made operating such kiosks a Class A misdemeanor, and Minnesota approved a ban set to take effect in 2026. Bitcoin Depot's CEO acknowledged in bankruptcy filings that states had imposed 'increasingly stringent compliance obligations, including new transaction limits,' which made the company's business model unsustainable.","heading":"Regulatory Environment and AML Compliance","severity":"high","sources":[{"credibility":1,"name":"California DFPI — Bitcoin Depot Regulatory Document (November 2024)","type":"regulatory","url":"https://dfpi.ca.gov/wp-content/uploads/2024/11/Bitcoin-Depot-11.15.24.pdf"},{"credibility":2,"name":"FinCEN's Focus on Cryptocurrency Kiosks and Financial Crime — Money Laundering Watch","type":"news_article","url":"https://www.moneylaunderingnews.com/2025/08/fincens-focus-on-cryptocurrency-kiosks-and-financial-crime/"},{"credibility":1,"name":"Iowa AG Factsheet — Launching a First-of-Its-Kind Investigation","type":"regulatory","url":"https://www.iowaattorneygeneral.gov/media/cms/CryptoPresserFactSheet_025A49CA1858C.pdf"}]},{"content":"Bitcoin Depot filed for Chapter 11 bankruptcy protection on May 18, 2026, in the U.S. Bankruptcy Court for the Southern District of Texas. The company announced it would shut down its entire network of more than 9,000 kiosks immediately. Canadian entities were included in the U.S. court-supervised process; other non-U.S. entities were directed to wind down under local law. In Q1 2026, Bitcoin Depot reported revenue of approximately $82 million, a 49.2% year-over-year decline, with gross profit collapsing 85.5% to approximately $4.5 million from $31.2 million. The company faced approximately $20 million in legal judgments. CEO Alex Holmes attributed the bankruptcy to regulatory headwinds, ongoing litigation from the Massachusetts and Iowa attorneys general, and the unsustainable cost of compliance under increasingly restrictive state regimes.","heading":"Bankruptcy and Financial Collapse","severity":"critical","sources":[{"credibility":1,"name":"Bitcoin Depot Goes Bankrupt, Signaling Demise of Crypto ATMs — Bloomberg","type":"news_article","url":"https://www.bloomberg.com/news/articles/2026-05-18/bitcoin-depot-goes-bankrupt-signaling-demise-of-crypto-atms"},{"credibility":2,"name":"Bitcoin Depot Files for Chapter 11 Bankruptcy — ATM Marketplace","type":"news_article","url":"https://www.atmmarketplace.com/news/bitcoin-depot-files-for-chapter-11-bankruptcy/"},{"credibility":2,"name":"Bitcoin Depot Bankruptcy Shows Crypto ATMs Lost Their Retail Bet — CCN","type":"news_article","url":"https://www.ccn.com/news/crypto/bitcoin-depot-bankruptcy-crypto-atms-retail-bet/"},{"credibility":2,"name":"Bitcoin Depot Files for Bankruptcy Amid Fraud, Legal Costs, and Regulatory Pressures — KuCoin","type":"news_article","url":"https://www.kucoin.com/news/flash/bitcoin-depot-files-for-bankruptcy-amid-fraud-legal-costs-and-regulatory-pressures"}]}],"sources_used":[{"credibility":1,"name":"Iowa AG — Attorney General Bird Sues Crypto ATM Companies","type":"regulatory","url":"https://www.iowaattorneygeneral.gov/newsroom/attorney-general-bird-sues-crypto-atm-companies-for-costing-iowans-more-than-20-million"},{"credibility":1,"name":"Iowa AG — Bitcoin Depot Petition (court filing)","type":"court_filing","url":"https://www.iowaattorneygeneral.gov/media/cms/Final_Bitcoin_Depot_Petition_Redact_4FC03C49F36FD.pdf"},{"credibility":1,"name":"Mass.gov — AG Campbell Sues Bitcoin Kiosk Operator","type":"regulatory","url":"https://www.mass.gov/news/ag-campbell-sues-bitcoin-kiosk-operator-for-facilitating-crypto-scams-against-massachusetts-consumers"},{"credibility":1,"name":"ICIJ — Massachusetts Sues Bitcoin Depot","type":"news_article","url":"https://www.icij.org/investigations/coin-laundry/massachusetts-sues-bitcoin-depot-alleging-the-crypto-atm-operator-knowingly-facilitated-crypto-scams/"},{"credibility":1,"name":"FTC Press Release — New FTC Data Shows Massive Increase in Losses to Bitcoin ATM Scams","type":"regulatory","url":"https://www.ftc.gov/news-events/news/press-releases/2024/09/new-ftc-data-shows-massive-increase-losses-bitcoin-atm-scams"},{"credibility":1,"name":"FTC Data Spotlight — Bitcoin ATMs: A Payment Portal for Scammers","type":"regulatory","url":"https://www.ftc.gov/news-events/data-visualizations/data-spotlight/2024/09/bitcoin-atms-payment-portal-scammers"},{"credibility":1,"name":"FTC Consumer Alert — Did Someone Send You to a Bitcoin ATM? It's a Scam","type":"regulatory","url":"https://consumer.ftc.gov/consumer-alerts/2024/03/did-someone-send-you-bitcoin-atm-its-scam"},{"credibility":1,"name":"Bloomberg — Bitcoin Depot Goes Bankrupt","type":"news_article","url":"https://www.bloomberg.com/news/articles/2026-05-18/bitcoin-depot-goes-bankrupt-signaling-demise-of-crypto-atms"},{"credibility":2,"name":"CoinDesk — Bitcoin Depot Files for Bankruptcy","type":"news_article","url":"https://www.coindesk.com/markets/2026/05/18/bitcoin-depot-once-north-america-s-largest-bitcoin-atm-operator-files-for-bankruptcy"},{"credibility":2,"name":"SecurityWeek — $3.6 Million Stolen in Bitcoin Depot Hack","type":"news_article","url":"https://www.securityweek.com/3-6-million-stolen-in-bitcoin-depot-hack/"},{"credibility":2,"name":"BleepingComputer — Bitcoin Depot Breach Exposes Data of Nearly 27,000 Crypto Users","type":"news_article","url":"https://www.bleepingcomputer.com/news/security/bitcoin-depot-breach-exposes-data-of-nearly-27-000-crypto-users/"},{"credibility":2,"name":"The Record — Driver's License Numbers Leaked in 2024 Bitcoin ATM Breach","type":"news_article","url":"https://therecord.media/bitcoin-depot-cryptocurrency-atm-company-data-breach"},{"credibility":2,"name":"Coin Edition — Bitcoin Depot Hack May Be Bigger Than Reported, Says ZachXBT","type":"news_article","url":"https://coinedition.com/bitcoin-depot-hack-may-be-bigger-than-reported-says-zachxbt/"},{"credibility":2,"name":"CryptoNewsZ — ZachXBT Calls Out Bitcoin Depot ATM Over Alleged Fraud Case","type":"news_article","url":"https://www.cryptonewsz.com/zachxbt-calls-out-bitcoin-depot-atm-fraud-case/"},{"credibility":2,"name":"Crypto Economy — ZachXBT Warns Users Against Bitcoin Depot ATMs","type":"news_article","url":"https://crypto-economy.com/zachxbt-warns-users-against-bitcoin-depot/"},{"credibility":2,"name":"Blockspace — Oregon Couple Files Class Action Against Bitcoin Depot","type":"news_article","url":"https://blockspace.media/insight/bitcoin-depot-class-action-lawsuit-scam-losses/"},{"credibility":1,"name":"Bitcoin Depot SEC Form 10-Q FY2024","type":"official","url":"https://www.sec.gov/Archives/edgar/data/0001901799/000095017024127097/btm-20240930.htm"},{"credibility":1,"name":"California DFPI — Bitcoin Depot Regulatory Document (November 2024)","type":"regulatory","url":"https://dfpi.ca.gov/wp-content/uploads/2024/11/Bitcoin-Depot-11.15.24.pdf"},{"credibility":2,"name":"Money Laundering Watch — FinCEN's Focus on Cryptocurrency Kiosks","type":"news_article","url":"https://www.moneylaunderingnews.com/2025/08/fincens-focus-on-cryptocurrency-kiosks-and-financial-crime/"},{"credibility":2,"name":"ABA Banking Journal — Massachusetts AG Sues Bitcoin Depot","type":"news_article","url":"https://bankingjournal.aba.com/2026/03/massachusetts-attorney-general-sues-bitcoin-depot-for-allegedly-enabling-scams/"}],"summary":"Bitcoin Depot was once the largest Bitcoin ATM operator in North America, operating more than 9,000 kiosks before filing for Chapter 11 bankruptcy on May 18, 2026. The company faces lawsuits from the attorneys general of Iowa and Massachusetts alleging it knowingly facilitated crypto scams, with one state finding that more than 80% of high-value transactions at its kiosks were linked to fraud. Multiple data breaches, a $3.6 million wallet theft, regulatory enforcement in California, and on-chain evidence flagged by ZachXBT further document systemic compliance and security failures.","timeline":[{"date":"2023-10-01","event":"Iowa Attorney General's office launches investigation into cryptocurrency ATM companies, subpoenaing 14 operators including Bitcoin Depot.","source":"Iowa AG Newsroom","source_url":"https://www.iowaattorneygeneral.gov/newsroom/attorney-general-bird-sues-crypto-atm-companies-for-costing-iowans-more-than-20-million"},{"date":"2024-06-23","event":"Bitcoin Depot customer data breach occurs, exposing personal information of approximately 26,732 individuals including names, addresses, email addresses, dates of birth, and driver's license numbers.","source":"BleepingComputer","source_url":"https://www.bleepingcomputer.com/news/security/bitcoin-depot-breach-exposes-data-of-nearly-27-000-crypto-users/"},{"date":"2024-07-18","event":"Bitcoin Depot completes internal investigation of the June 2024 data breach but delays customer notification citing a pending federal law enforcement inquiry.","source":"The Record","source_url":"https://therecord.media/bitcoin-depot-cryptocurrency-atm-company-data-breach"},{"date":"2024-09-01","event":"FTC publishes data showing Bitcoin ATM fraud losses exceeded $65 million in H1 2024 alone, with adults over 60 accounting for more than two-thirds of all dollars lost.","source":"FTC Press Release","source_url":"https://www.ftc.gov/news-events/news/press-releases/2024/09/new-ftc-data-shows-massive-increase-losses-bitcoin-atm-scams"},{"date":"2024-11-15","event":"California DFPI issues a regulatory document concerning Bitcoin Depot.","source":"California DFPI","source_url":"https://dfpi.ca.gov/wp-content/uploads/2024/11/Bitcoin-Depot-11.15.24.pdf"},{"date":"2025-02-26","event":"Iowa Attorney General Brenna Bird files suit against Bitcoin Depot alleging violations of the Iowa Consumer Fraud Act, citing more than $20 million transferred by hundreds of scam victims through its kiosks over roughly three years.","source":"Iowa AG Newsroom","source_url":"https://www.iowaattorneygeneral.gov/newsroom/attorney-general-bird-sues-crypto-atm-companies-for-costing-iowans-more-than-20-million"},{"date":"2025-07-01","event":"Bitcoin Depot notifies approximately 26,732 customers of the June 2024 data breach, more than a year after the incident occurred.","source":"The Record","source_url":"https://therecord.media/bitcoin-depot-cryptocurrency-atm-company-data-breach"},{"date":"2025-08-01","event":"FinCEN issues guidance specifically addressing regulatory risks associated with cryptocurrency ATM kiosks.","source":"Money Laundering Watch","source_url":"https://www.moneylaunderingnews.com/2025/08/fincens-focus-on-cryptocurrency-kiosks-and-financial-crime/"},{"date":"2026-02-03","event":"Massachusetts Attorney General Andrea Joy Campbell files suit against Bitcoin Depot in Suffolk County Superior Court, alleging the company knowingly facilitated crypto scams and that more than 80% of high-value kiosk transactions in Massachusetts were scam-related.","source":"Mass.gov","source_url":"https://www.mass.gov/news/ag-campbell-sues-bitcoin-kiosk-operator-for-facilitating-crypto-scams-against-massachusetts-consumers"},{"date":"2026-03-20","event":"Attackers begin unauthorized access to Bitcoin Depot's digital asset settlement accounts; approximately 50.903 BTC ($3.6-3.7 million) is stolen over several days before detection on March 23.","source":"SecurityWeek","source_url":"https://www.securityweek.com/3-6-million-stolen-in-bitcoin-depot-hack/"},{"date":"2026-04-09","event":"Bitcoin Depot publicly discloses the March 2026 wallet theft of 50.903 BTC. ZachXBT alleges the actual scope may be larger and flags routing through KuCoin addresses.","source":"Coin Edition","source_url":"https://coinedition.com/bitcoin-depot-hack-may-be-bigger-than-reported-says-zachxbt/"},{"date":"2026-05-12","event":"Bitcoin Depot SEC disclosure shows Q1 2026 revenue fell 49.2% year-over-year; gross profit collapsed 85.5% to $4.5 million.","source":"CoinDesk","source_url":"https://www.coindesk.com/markets/2026/05/18/bitcoin-depot-once-north-america-s-largest-bitcoin-atm-operator-files-for-bankruptcy"},{"date":"2026-05-18","event":"Bitcoin Depot files for Chapter 11 bankruptcy in U.S. Bankruptcy Court for the Southern District of Texas and immediately shuts down its entire network of more than 9,000 kiosks.","source":"Bloomberg","source_url":"https://www.bloomberg.com/news/articles/2026-05-18/bitcoin-depot-goes-bankrupt-signaling-demise-of-crypto-atms"}]},"v":1}

   Verify offline (run on your own machine)

   python -m src.verify_decision 5fb83437-08c7-4ea4-ac06-1b947c7d3df0copy